Global economy

The ITUC seeks to increase intergovernmental cooperation to ensure that the social dimension of globalisation, including decent work and fundamental workers’ rights, is right at the centre of decision-making at the world’s major global and regional institutions. This includes the G-20, the World Bank, the International Monetary Fund (IMF), the World Trade Organisation (WTO), and the United Nations and its specialised agencies, especially the International Labour Organisation (ILO) with its tripartite structure and mandate to set international social standards.

News Global economy

G7 Labour Ministers are meeting in Turin (29 September – 1 October) to address the Future of Work as global anxieties about jobs and rising inequality between the one per cent richest people and the rest of the population continue to grow.

In 2016, the EU and Indonesia initiated discussions on a free trade agreement with the aim of facilitating trade and investment between the two parties. Trade unions on both sides are working together to bring the worker’s voice to the negotiation process, the outcome of which will have implications for the working and living conditions of people in both Indonesia and the EU.

Following the announcement by the President Trump that the US would withdraw from fulfilling its international obligations under the Paris Climate Agreement, the international trade union movement has expressed its concerns for the impacts delayed climate action in the US will have on working people there and across the globe.